SHUS vs. SFY ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to SoFi Select 500 ETF (SFY)

SHUS

Syntax Stratified U.S. Total Market Hedged ETF

SHUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index over a full market cycle by investing in ETFs or underlying securities that provide Stratified WeightTM U.S. total equity market exposure to companies in the 1500 while seeking risk-managed growth via a defined risk hedging process. The fund will also invest in index options for risk management purposes and to seek to generate additional returns. Syntax?s Stratified Weight? is designed to correct for business risk concentrations that regularly occur in cap-weighted indices and equal-weighted indices.

Grade (RS Rating)

Last Trade

$44.29

Average Daily Volume

2,444

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

SFY

SoFi Select 500 ETF

SFY Description

The investment seeks to track the performance, before fees and expenses, of the Solactive SoFi US 500 Growth Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index follows a rules-based methodology that tracks the performance of 500 of the largest U.S.-listed companies weighted based on a proprietary mix of their market capitalization and fundamental factors.

Grade (RS Rating)

Last Trade

$110.95

Average Daily Volume

38,291

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	SFY
30 Days	2.26%	4.18%
60 Days	3.81%	7.67%
90 Days	5.24%	8.72%
12 Months	15.89%	38.94%

438 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in SFY	Overlap
A	D	0.15%	0.04%	0.04%
AAPL	C	0.49%	4.2%	0.49%
ABBV	D	0.24%	0.53%	0.24%
ABNB	C	0.12%	0.1%	0.1%
ABT	B	0.06%	0.27%	0.06%
ACGL	D	0.14%	0.1%	0.1%
ACN	C	0.13%	0.29%	0.13%
ADBE	C	0.15%	0.37%	0.15%
ADI	D	0.22%	0.1%	0.1%
ADM	D	0.36%	0.03%	0.03%
ADP	B	0.21%	0.16%	0.16%
ADSK	A	0.16%	0.12%	0.12%
AEE	A	0.08%	0.03%	0.03%
AEP	D	0.24%	0.06%	0.06%
AES	F	0.31%	0.03%	0.03%
AFL	B	0.2%	0.07%	0.07%
AIG	B	0.19%	0.05%	0.05%
AJG	B	0.03%	0.15%	0.03%
AKAM	D	0.26%	0.02%	0.02%
ALB	C	0.05%	0.01%	0.01%
ALGN	D	0.1%	0.03%	0.03%
ALL	A	0.19%	0.13%	0.13%
AMAT	F	0.17%	0.17%	0.17%
AMD	F	0.14%	1.44%	0.14%
AME	A	0.12%	0.05%	0.05%
AMGN	D	0.23%	0.36%	0.23%
AMP	A	0.09%	0.1%	0.09%
AMT	D	0.06%	0.18%	0.06%
AMZN	C	0.21%	4.53%	0.21%
ANET	C	0.21%	0.18%	0.18%
ANSS	B	0.17%	0.05%	0.05%
AON	A	0.04%	0.13%	0.04%
APD	A	0.05%	0.08%	0.05%
APH	A	0.18%	0.13%	0.13%
ARE	D	0.1%	0.04%	0.04%
ATO	A	0.32%	0.02%	0.02%
AVB	B	0.1%	0.04%	0.04%
AVGO	D	0.22%	2.8%	0.22%
AVY	D	0.06%	0.02%	0.02%
AWK	D	0.32%	0.04%	0.04%
AXON	A	0.09%	0.13%	0.09%
AXP	A	0.05%	0.28%	0.05%
AZO	C	0.15%	0.07%	0.07%
BA	F	0.16%	0.14%	0.14%
BAC	A	0.12%	0.61%	0.12%
BALL	D	0.12%	0.02%	0.02%
BAX	D	0.05%	0.07%	0.05%
BBY	D	0.17%	0.02%	0.02%
BDX	F	0.05%	0.12%	0.05%
BG	F	0.36%	0.01%	0.01%
BIIB	F	0.24%	0.02%	0.02%
BK	A	0.11%	0.16%	0.11%
BKNG	A	0.13%	0.25%	0.13%
BKR	B	0.35%	0.09%	0.09%
BLDR	D	0.19%	0.02%	0.02%
BLK	C	0.09%	0.23%	0.09%
BMY	B	0.25%	0.16%	0.16%
BR	A	0.11%	0.04%	0.04%
BRK.A	B	0.49%	0.81%	0.49%
BRO	B	0.03%	0.04%	0.03%
BSX	B	0.06%	0.35%	0.06%
BX	A	0.08%	0.28%	0.08%
C	A	0.13%	0.26%	0.13%
CAG	D	0.21%	0.02%	0.02%
CAH	B	0.19%	0.08%	0.08%
CARR	D	0.08%	0.1%	0.08%
CAT	B	0.14%	0.24%	0.14%
CB	C	0.14%	0.21%	0.14%
CBOE	B	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.07%	0.04%
CCI	D	0.06%	0.04%	0.04%
CCL	B	0.09%	0.07%	0.07%
CDNS	B	0.33%	0.12%	0.12%
CDW	F	0.12%	0.03%	0.03%
CE	F	0.07%	0.01%	0.01%
CEG	D	0.38%	0.13%	0.13%
CF	B	0.09%	0.01%	0.01%
CFG	B	0.05%	0.03%	0.03%
CHD	B	0.41%	0.04%	0.04%
CHTR	C	0.46%	0.04%	0.04%
CI	F	0.18%	0.17%	0.17%
CINF	A	0.14%	0.05%	0.05%
CL	D	0.4%	0.13%	0.13%
CLX	B	0.41%	0.04%	0.04%
CMCSA	B	0.51%	0.25%	0.25%
CME	A	0.04%	0.14%	0.04%
CMG	B	0.49%	0.15%	0.15%
CMI	A	0.08%	0.06%	0.06%
CMS	C	0.07%	0.02%	0.02%
CNC	D	0.25%	0.04%	0.04%
CNP	B	0.25%	0.02%	0.02%
COF	B	0.69%	0.11%	0.11%
COP	C	0.07%	0.11%	0.07%
COR	B	0.18%	0.07%	0.07%
COST	B	0.7%	0.55%	0.55%
CPAY	A	0.04%	0.04%	0.04%
CPRT	A	0.22%	0.07%	0.07%
CRM	B	0.35%	0.8%	0.35%
CRWD	B	0.18%	0.42%	0.18%
CSCO	B	0.21%	0.25%	0.21%
CSGP	D	0.04%	0.04%	0.04%
CSX	B	0.08%	0.07%	0.07%
CTAS	B	0.17%	0.11%	0.11%
CTRA	B	0.17%	0.02%	0.02%
CTSH	B	0.13%	0.05%	0.05%
CTVA	C	0.08%	0.06%	0.06%
CVS	D	0.68%	0.14%	0.14%
CVX	A	0.75%	0.26%	0.26%
D	C	0.24%	0.05%	0.05%
DAL	C	0.27%	0.06%	0.06%
DD	D	0.05%	0.07%	0.05%
DE	A	0.13%	0.1%	0.1%
DECK	A	0.29%	0.05%	0.05%
DELL	C	0.17%	0.06%	0.06%
DFS	B	0.68%	0.08%	0.08%
DG	F	0.17%	0.02%	0.02%
DGX	A	0.16%	0.02%	0.02%
DHI	D	0.23%	0.07%	0.07%
DHR	F	0.1%	0.13%	0.1%
DIS	B	0.2%	0.39%	0.2%
DLR	B	0.26%	0.1%	0.1%
DLTR	F	0.17%	0.02%	0.02%
DOC	D	0.11%	0.02%	0.02%
DOV	A	0.17%	0.03%	0.03%
DOW	F	0.07%	0.04%	0.04%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.5%	0.03%	0.03%
DTE	C	0.24%	0.02%	0.02%
DUK	C	0.07%	0.12%	0.07%
DVN	F	0.16%	0.02%	0.02%
DXCM	D	0.09%	0.07%	0.07%
EA	A	0.48%	0.05%	0.05%
EBAY	D	0.22%	0.05%	0.05%
ECL	D	0.05%	0.09%	0.05%
ED	D	0.24%	0.04%	0.04%
EFX	F	0.04%	0.04%	0.04%
EG	C	0.14%	0.03%	0.03%
EIX	B	0.24%	0.04%	0.04%
EL	F	0.49%	0.02%	0.02%
ELV	F	0.24%	0.12%	0.12%
EMN	D	0.05%	0.01%	0.01%
EMR	A	0.03%	0.1%	0.03%
ENPH	F	0.25%	0.01%	0.01%
EOG	A	0.07%	0.08%	0.07%
EPAM	C	0.13%	0.02%	0.02%
EQIX	A	0.26%	0.13%	0.13%
EQR	B	0.1%	0.03%	0.03%
EQT	B	0.18%	0.02%	0.02%
ERIE	D	0.2%	0.03%	0.03%
ES	D	0.07%	0.07%	0.07%
ESS	B	0.1%	0.02%	0.02%
ETN	A	0.26%	0.23%	0.23%
ETR	B	0.25%	0.03%	0.03%
EVRG	A	0.08%	0.02%	0.02%
EW	C	0.06%	0.06%	0.06%
EXC	C	0.29%	0.07%	0.07%
EXPD	D	0.09%	0.01%	0.01%
EXPE	B	0.12%	0.04%	0.04%
EXR	D	0.11%	0.11%	0.11%
F	C	0.24%	0.07%	0.07%
FANG	D	0.07%	0.05%	0.05%
FAST	B	0.12%	0.06%	0.06%
FCX	D	0.29%	0.11%	0.11%
FDS	B	0.04%	0.02%	0.02%
FDX	B	0.07%	0.07%	0.07%
FE	C	0.24%	0.04%	0.04%
FI	A	0.06%	0.21%	0.06%
FICO	B	0.03%	0.09%	0.03%
FIS	C	0.05%	0.09%	0.05%
FITB	A	0.05%	0.05%	0.05%
FSLR	F	0.2%	0.08%	0.08%
FTNT	C	0.17%	0.09%	0.09%
FTV	C	0.03%	0.04%	0.03%
GD	F	0.16%	0.1%	0.1%
GDDY	A	0.26%	0.07%	0.07%
GE	D	0.17%	0.16%	0.16%
GEHC	F	0.1%	0.05%	0.05%
GEN	B	0.17%	0.02%	0.02%
GEV	B	0.18%	0.33%	0.18%
GILD	C	0.24%	0.37%	0.24%
GIS	D	0.21%	0.04%	0.04%
GLW	B	0.19%	0.07%	0.07%
GM	B	0.24%	0.08%	0.08%
GOOGL	C	0.22%	1.72%	0.22%
GPC	D	0.15%	0.02%	0.02%
GPN	B	0.04%	0.05%	0.04%
GRMN	B	0.32%	0.04%	0.04%
GS	A	0.25%	0.43%	0.25%
GWW	B	0.13%	0.07%	0.07%
HAL	C	0.33%	0.03%	0.03%
HBAN	A	0.05%	0.04%	0.04%
HCA	F	0.33%	0.1%	0.1%
HD	A	0.25%	0.44%	0.25%
HES	B	0.07%	0.06%	0.06%
HIG	B	0.14%	0.05%	0.05%
HLT	A	0.12%	0.1%	0.1%
HOLX	D	0.1%	0.02%	0.02%
HON	B	0.16%	0.21%	0.16%
HPE	B	0.19%	0.04%	0.04%
HPQ	B	0.34%	0.04%	0.04%
HST	C	0.11%	0.02%	0.02%
HSY	F	0.17%	0.03%	0.03%
HUBB	B	0.26%	0.04%	0.04%
HUM	C	0.26%	0.05%	0.05%
HWM	A	0.07%	0.09%	0.07%
IBM	C	0.33%	0.52%	0.33%
ICE	C	0.04%	0.18%	0.04%
IDXX	F	0.09%	0.05%	0.05%
IEX	B	0.2%	0.02%	0.02%
IFF	D	0.05%	0.03%	0.03%
INCY	C	0.25%	0.04%	0.04%
INTC	D	0.16%	0.31%	0.16%
INTU	C	0.2%	0.33%	0.2%
INVH	D	0.1%	0.03%	0.03%
IP	B	0.06%	0.02%	0.02%
IQV	D	0.13%	0.05%	0.05%
IR	B	0.2%	0.07%	0.07%
IRM	D	0.06%	0.05%	0.05%
ISRG	A	0.12%	0.38%	0.12%
IT	C	0.13%	0.05%	0.05%
ITW	B	0.17%	0.09%	0.09%
J	F	0.39%	0.02%	0.02%
JBHT	C	0.08%	0.02%	0.02%
JCI	C	0.08%	0.07%	0.07%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	0.23%	0.43%	0.23%
JPM	A	0.12%	1.55%	0.12%
K	A	0.18%	0.02%	0.02%
KDP	D	0.24%	0.05%	0.05%
KEY	B	0.06%	0.02%	0.02%
KEYS	A	0.2%	0.03%	0.03%
KHC	F	0.21%	0.03%	0.03%
KIM	A	0.06%	0.02%	0.02%
KKR	A	0.09%	0.41%	0.09%
KLAC	D	0.17%	0.09%	0.09%
KMB	D	0.41%	0.06%	0.06%
KMI	A	0.25%	0.06%	0.06%
KMX	B	0.14%	0.01%	0.01%
KO	D	0.24%	0.34%	0.24%
KR	B	0.73%	0.06%	0.06%
KVUE	A	0.41%	0.06%	0.06%
LDOS	C	0.13%	0.03%	0.03%
LEN	D	0.24%	0.05%	0.05%
LH	C	0.16%	0.02%	0.02%
LHX	C	0.08%	0.11%	0.08%
LIN	D	0.04%	0.27%	0.04%
LLY	F	0.23%	2.06%	0.23%
LMT	D	0.08%	0.17%	0.08%
LNT	A	0.08%	0.02%	0.02%
LOW	D	0.25%	0.15%	0.15%
LUV	C	0.25%	0.07%	0.07%
LVS	C	0.08%	0.1%	0.08%
LW	C	0.22%	0.01%	0.01%
LYB	F	0.07%	0.03%	0.03%
LYV	A	0.09%	0.05%	0.05%
MA	C	0.05%	0.67%	0.05%
MAA	B	0.1%	0.02%	0.02%
MAR	B	0.12%	0.09%	0.09%
MAS	D	0.19%	0.02%	0.02%
MCD	D	0.49%	0.28%	0.28%
MCHP	D	0.13%	0.03%	0.03%
MCK	B	0.18%	0.11%	0.11%
MCO	B	0.04%	0.16%	0.04%
MDLZ	F	0.18%	0.11%	0.11%
MDT	D	0.06%	0.16%	0.06%
MET	A	0.21%	0.08%	0.08%
META	D	0.46%	3.02%	0.46%
MKC	D	0.21%	0.03%	0.03%
MLM	B	0.17%	0.05%	0.05%
MMC	B	0.03%	0.17%	0.03%
MMM	D	0.17%	0.17%	0.17%
MNST	C	0.25%	0.05%	0.05%
MO	A	0.35%	0.1%	0.1%
MOH	F	0.25%	0.03%	0.03%
MPC	D	0.48%	0.05%	0.05%
MPWR	F	0.21%	0.04%	0.04%
MRK	F	0.24%	0.77%	0.24%
MRNA	F	0.23%	0.01%	0.01%
MRO	B	0.07%	0.02%	0.02%
MS	A	0.26%	0.34%	0.26%
MSCI	C	0.04%	0.07%	0.04%
MSFT	F	0.32%	5.38%	0.32%
MSI	B	0.49%	0.13%	0.13%
MTB	A	0.06%	0.06%	0.06%
MTD	D	0.14%	0.03%	0.03%
MU	D	0.15%	0.66%	0.15%
NDAQ	A	0.04%	0.06%	0.04%
NEE	D	0.24%	0.21%	0.21%
NEM	D	0.24%	0.22%	0.22%
NFLX	A	0.22%	0.74%	0.22%
NI	A	0.32%	0.02%	0.02%
NKE	D	0.33%	0.1%	0.1%
NOC	D	0.08%	0.1%	0.08%
NOW	A	0.22%	0.56%	0.22%
NRG	B	0.32%	0.03%	0.03%
NSC	B	0.08%	0.07%	0.07%
NTAP	C	0.17%	0.03%	0.03%
NTRS	A	0.08%	0.07%	0.07%
NUE	C	0.25%	0.03%	0.03%
NVDA	C	0.13%	17.18%	0.13%
NVR	D	0.3%	0.03%	0.03%
O	D	0.06%	0.12%	0.06%
ODFL	B	0.08%	0.04%	0.04%
OKE	A	0.24%	0.08%	0.08%
OMC	C	0.33%	0.03%	0.03%
ON	D	0.22%	0.03%	0.03%
ORCL	B	0.34%	0.48%	0.34%
ORLY	B	0.14%	0.1%	0.1%
OTIS	C	0.08%	0.05%	0.05%
OXY	D	0.07%	0.03%	0.03%
PANW	C	0.16%	0.44%	0.16%
PAYX	C	0.21%	0.06%	0.06%
PCAR	B	0.12%	0.07%	0.07%
PCG	A	0.07%	0.07%	0.07%
PEG	A	0.25%	0.05%	0.05%
PEP	F	0.17%	0.28%	0.17%
PFE	D	0.24%	0.32%	0.24%
PFG	D	0.2%	0.02%	0.02%
PG	A	0.41%	0.51%	0.41%
PGR	A	0.19%	0.5%	0.19%
PH	A	0.08%	0.12%	0.08%
PHM	D	0.25%	0.03%	0.03%
PKG	A	0.06%	0.02%	0.02%
PLD	D	0.06%	0.13%	0.06%
PLTR	B	0.22%	0.53%	0.22%
PM	B	0.35%	0.32%	0.32%
PNC	B	0.06%	0.13%	0.06%
PNR	A	0.19%	0.02%	0.02%
PODD	C	0.1%	0.07%	0.07%
PPG	F	0.07%	0.04%	0.04%
PPL	B	0.08%	0.03%	0.03%
PRU	A	0.2%	0.08%	0.08%
PSA	D	0.1%	0.06%	0.06%
PSX	C	0.5%	0.06%	0.06%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.4%	0.09%	0.09%
PYPL	B	0.06%	0.13%	0.06%
QCOM	F	0.22%	0.2%	0.2%
RCL	A	0.08%	0.25%	0.08%
REGN	F	0.23%	0.12%	0.12%
RF	A	0.06%	0.03%	0.03%
RJF	A	0.25%	0.04%	0.04%
RMD	C	0.09%	0.05%	0.05%
ROK	B	0.03%	0.04%	0.03%
ROL	B	0.18%	0.03%	0.03%
ROP	B	0.03%	0.1%	0.03%
ROST	C	0.71%	0.07%	0.07%
RSG	A	0.18%	0.06%	0.06%
RTX	C	0.08%	0.38%	0.08%
RVTY	F	0.1%	0.02%	0.02%
SBAC	D	0.06%	0.03%	0.03%
SBUX	A	0.48%	0.14%	0.14%
SCHW	B	0.25%	0.15%	0.15%
SHW	A	0.06%	0.1%	0.06%
SJM	D	0.21%	0.04%	0.04%
SLB	C	0.34%	0.11%	0.11%
SMCI	F	0.15%	0.08%	0.08%
SNA	A	0.25%	0.02%	0.02%
SNPS	B	0.34%	0.14%	0.14%
SO	D	0.08%	0.12%	0.08%
SOLV	C	0.05%	0.01%	0.01%
SPG	B	0.06%	0.08%	0.06%
SPGI	C	0.04%	0.31%	0.04%
SRE	A	0.07%	0.05%	0.05%
STE	F	0.12%	0.06%	0.06%
STLD	B	0.27%	0.02%	0.02%
STT	A	0.11%	0.06%	0.06%
STX	D	0.17%	0.06%	0.06%
STZ	D	0.25%	0.05%	0.05%
SW	A	0.07%	0.04%	0.04%
SWK	D	0.26%	0.02%	0.02%
SWKS	F	0.21%	0.01%	0.01%
SYF	B	0.68%	0.06%	0.06%
SYK	C	0.12%	0.2%	0.12%
SYY	B	0.73%	0.05%	0.05%
T	A	0.33%	0.34%	0.33%
TDG	D	0.06%	0.16%	0.06%
TDY	B	0.03%	0.03%	0.03%
TER	D	0.16%	0.02%	0.02%
TFC	A	0.05%	0.06%	0.05%
TFX	F	0.05%	0.01%	0.01%
TGT	F	0.17%	0.07%	0.07%
TJX	A	0.71%	0.19%	0.19%
TMO	F	0.14%	0.24%	0.14%
TMUS	B	0.33%	0.16%	0.16%
TRGP	B	0.24%	0.05%	0.05%
TROW	B	0.08%	0.03%	0.03%
TRV	B	0.14%	0.12%	0.12%
TSCO	D	0.12%	0.03%	0.03%
TSLA	B	0.27%	0.96%	0.27%
TSN	B	0.35%	0.06%	0.06%
TT	A	0.08%	0.15%	0.08%
TTWO	A	0.48%	0.03%	0.03%
TXN	C	0.22%	0.16%	0.16%
TXT	D	0.16%	0.02%	0.02%
TYL	B	0.21%	0.04%	0.04%
UAL	A	0.28%	0.04%	0.04%
UBER	D	0.11%	0.7%	0.11%
UDR	B	0.1%	0.02%	0.02%
ULTA	F	0.17%	0.02%	0.02%
UNH	C	0.25%	0.89%	0.25%
UNP	C	0.08%	0.16%	0.08%
UPS	C	0.08%	0.1%	0.08%
URI	B	0.14%	0.09%	0.09%
USB	A	0.05%	0.14%	0.05%
V	A	0.04%	0.73%	0.04%
VICI	C	0.06%	0.06%	0.06%
VLO	C	0.49%	0.04%	0.04%
VLTO	D	0.03%	0.03%	0.03%
VMC	B	0.17%	0.04%	0.04%
VRSK	A	0.04%	0.05%	0.04%
VRSN	F	0.27%	0.02%	0.02%
VRTX	F	0.23%	0.4%	0.23%
VST	B	0.4%	0.07%	0.07%
VTR	C	0.11%	0.03%	0.03%
VTRS	A	0.24%	0.04%	0.04%
VZ	C	0.32%	0.22%	0.22%
WAB	B	0.13%	0.06%	0.06%
WAT	B	0.15%	0.02%	0.02%
WBD	C	0.19%	0.02%	0.02%
WDC	D	0.17%	0.08%	0.08%
WEC	A	0.07%	0.03%	0.03%
WELL	A	0.11%	0.29%	0.11%
WFC	A	0.13%	0.33%	0.13%
WM	A	0.18%	0.12%	0.12%
WMB	A	0.24%	0.08%	0.08%
WMT	A	0.72%	0.53%	0.53%
WRB	A	0.13%	0.03%	0.03%
WST	C	0.05%	0.02%	0.02%
WTW	B	0.04%	0.05%	0.04%
WY	D	0.17%	0.02%	0.02%
XEL	A	0.07%	0.04%	0.04%
XOM	B	0.75%	0.54%	0.54%
XYL	D	0.19%	0.1%	0.1%
YUM	B	0.5%	0.05%	0.05%
ZBH	C	0.12%	0.04%	0.04%
ZBRA	B	0.13%	0.02%	0.02%
ZTS	D	0.25%	0.12%	0.12%

SHUS Overweight 62 Positions Relative to SFY

Symbol	Grade	Weight
WBA	F	0.63%
L	A	0.49%
MTCH	D	0.46%
BWA	D	0.41%
APTV	D	0.39%
JBL	B	0.37%
HRL	D	0.36%
IPG	D	0.33%
RL	B	0.32%
UHS	D	0.32%
TPR	B	0.32%
LULU	C	0.3%
TAP	C	0.25%
HAS	D	0.25%
CTLT	B	0.24%
NXPI	D	0.23%
DAY	B	0.22%
GOOG	C	0.22%
AOS	F	0.21%
QRVO	F	0.21%
PAYC	B	0.21%
PARA	C	0.2%
FFIV	B	0.2%
CPB	D	0.2%
AIZ	A	0.2%
HSIC	B	0.2%
TEL	B	0.19%
BBWI	D	0.19%
GL	B	0.19%
JNPR	F	0.19%
MHK	D	0.18%
TECH	D	0.15%
CRL	C	0.14%
LKQ	D	0.14%
POOL	C	0.13%
AMCR	D	0.12%
DVA	B	0.11%
BXP	D	0.11%
NWSA	B	0.1%
NWS	B	0.1%
FOX	A	0.1%
FOXA	B	0.1%
CPT	B	0.1%
CHRW	C	0.09%
NCLH	B	0.09%
IVZ	B	0.09%
GNRC	B	0.08%
WYNN	D	0.08%
HII	D	0.08%
MOS	F	0.08%
FMC	D	0.08%
BEN	C	0.08%
CZR	F	0.07%
MGM	D	0.07%
APA	D	0.07%
PNW	B	0.07%
ALLE	D	0.07%
REG	B	0.06%
FRT	B	0.06%
MKTX	D	0.04%
NDSN	B	0.03%
TRMB	B	0.03%

SHUS Underweight 57 Positions Relative to SFY

Symbol	Grade	Weight
APP	B	-0.39%
WDAY	B	-0.25%
COIN	C	-0.25%
SQ	B	-0.21%
DDOG	A	-0.18%
DASH	A	-0.17%
APO	B	-0.17%
HUBS	A	-0.16%
TTD	B	-0.15%
VRT	B	-0.14%
ALNY	D	-0.12%
TEAM	A	-0.12%
SNOW	C	-0.11%
NET	B	-0.11%
ZS	C	-0.1%
MRVL	B	-0.1%
PSTG	D	-0.09%
LRCX	F	-0.09%
FCNCA	A	-0.08%
FLUT	A	-0.07%
MSTR	C	-0.07%
DKNG	B	-0.07%
VEEV	C	-0.06%
DOCU	A	-0.06%
TRU	D	-0.06%
ZM	B	-0.06%
OKTA	C	-0.05%
PINS	D	-0.05%
MDB	C	-0.05%
ARES	A	-0.05%
MANH	D	-0.04%
BAH	F	-0.04%
LPLA	A	-0.04%
EME	C	-0.04%
RBLX	C	-0.04%
RPRX	D	-0.03%
SSNC	B	-0.03%
LII	A	-0.03%
MKL	A	-0.03%
ENTG	D	-0.03%
BURL	A	-0.03%
TWLO	A	-0.03%
ILMN	D	-0.03%
CVNA	B	-0.03%
LNG	B	-0.03%
BMRN	D	-0.03%
CSL	C	-0.02%
RS	B	-0.02%
OC	A	-0.02%
EXAS	D	-0.02%
RPM	A	-0.02%
WSO	A	-0.02%
WSM	B	-0.02%
SUI	D	-0.02%
SNAP	C	-0.01%
WPC	D	-0.01%
SCCO	F	-0.0%